Samsung regains its number 1 position in the India Smartphone market beating Xiaomi: Report
By MYBRANDBOOK
According to a report by Counterpoint, Samsung has regained its number one position in Indian smartphone market. In the second half of 2017, the handset maker lost its position to Xiaomi. The company, the report says, has reached its highest market share in India since 2018.
“...in July and August, Samsung rebounded as India recovered from a nationwide lockdown. Samsung has now reached its highest market share in India since 2018 by adopting an aggressive online channel strategy to benefit from opportunities arising due to anti-China sentiments in the country,” says the report.
In the global market scenario, Samsung has beaten Huawei to regain number one spot with a total market share of 22%. The company has witnessed a 2% increase than the company's 20% share in April, 2020. Huawei’s market share, on the other hand, declined to 16% in August, 2020 from 21% in April, 2020. The Chinese telecom giant is expected to further lose its market share due to US trade restrictions.
According to the report, Xiaomi is witnessing an increase in its market share in Central Eastern Europe. It appears that Huawei’s loss is Xiaomi’s gain in the region.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
ICONS OF INDIA : RAJESH NAMBIAR
Rajesh leads the company’s India associates and enhances relationshi...
Icons Of India : NANDAN NILEKANI
Nandan Nilekani is the Co-Founder and Chairman of Infosys Technologies...
ICONS OF INDIA : SANDIP PATEL
Sandip Patel is the Managing Director for IBM India & South Asia regio...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...